TSXV:ART.H - Post by User
Comment by
justin_a_lyesseon Jan 22, 2010 3:27pm
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Post# 16709508
RE: Sampson on Black Mountain
RE: Sampson on Black MountainHmmm .. didn't good40 relentlessly say that the KRG couldn't find anyone to take the last 20% and that VST and NKO had to take it? Read carefully good40 ...
"The block itself is very well situated... it's got three strucutres on it... the largest structure, you can see our drilling location on it, is approximately 320 square km... a hit here could be-I'm not saying it's going to be-but just on a numbers side it's certainly interesting. And you don't have to be a geologist or geophysicist to see it, you can see it, and the oil seeps are coming. It is called Qara Dagh, that means Black mountain in Kurd; and like I say when we completed the 2D seismic everything held up from as to what we thought we could see on the surface, and so we purchased another 10% from the Kurdistan government for approximately 30 million dollars just a few months ago. The rig will be there probably early April, possibly a bit before but probably April, and drilling time is probably 120 plus days." - from the Miami pres
Good40 caught manipulating a statement. Outright lie if you ask me ...